Condor Hospitality Trust (CDOR) Raises Quarterly Dividend to $0.03; Yields 6.8%
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Condor Hospitality Trust Increases Common Stock Dividend to an Annualized $0.12 per Share
September 16, 2016 9:00 AM EDTBETHESDA, Md., Sept. 16, 2016 (GLOBE NEWSWIRE) -- Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that its board of directors has declared a common stock dividend of $0.03 per share for the third quarter, or $0.12 per share on an annualized basis. The dividend will be payable on October 12, 2016 to shareholders of record as of September 29, 2016.
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